Today's stock news is encouraging, but nowhere near enough. Apparently the Federal Counterfeit Bank has vaguely indicated that its Mafia-Feeding Mechanism may drop from (infinity*infinity) to merely (infinity) at some unstated future time which may even be within the lifetime of our great-great-great-great-great-great-grandchildren. This was enough to throw the Jew Mafia into a frenzy.
Time to repeat the prayer for complete reform:

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Polistra and Happystar are saying a prayer in the form of a cheer. Since nobody in the Gaian Occupation Government understands the truth, maybe Allah will have mercy on this unfortunate land and force the truth to be visible in the only way that the idiots will understand.

It would have to be Allah, since his economic system is exactly the right medicine for our terminal illness.

Closed caption for cartoon-impaired:

Gimme a Z!Z!Gimme a E!E!Gimme a R!R!Gimme a O!O!

Whatsat spell?Zero!

Where do we wannit?DOW!

When do we wannit?NOW!

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And why is this necessary? Another repeat:

For the last 5 years we've been operating in strict defiance of the oldest law of economics, pretending that we can hold the price of borrowing at zero (for the Correct People only!) without creating problems. Real economists have known since 300 AD that price control always creates shortages, hoarding and black markets. And predictably, we have shortages, hoarding and black markets in capital. These bad things bring great profit to a few evil people, and those evil people pay all the 'economists' to be goddamn liars. If interest rates can rise to meet genuine risk, the whole banking system will return to a true free-market setup. When governments realize they have to pay actual interest on their bonds, they will be much slower to borrow. (I suppose Capo Bugsy Bernanke will invent some new criminal trick to get around it, but China's own economy is slowing down now, so China can't be the ultimate sugar daddy from now on.)

Same with stock prices. This is a longer-lasting problem, running back to 1980 or so. Companies that use profit as their pivot point are motivated to satisfy their customers and their employees. Companies that use share price as their goal don't care about quality of product or service; share price can be manipulated easily by insider tricks (acquisitions, buying back own stock) without any actual product or service at all.

Clearly the 2008 crash wasn't enough. Suckers are still going into the market, giving the evil players lots of material to play with. A great big resounding crash will drive the suckers out once and for all, and the share-dependent companies and traders will be unable to function. Only 'privately held' companies that operate without trading will survive. Profit will dominate again.

LOW INTEREST AND HIGH STOCKS ARE THE PROBLEM. HIGH INTEREST AND LOW STOCKS ARE THE SOLUTION.

About Me

Polistra was named after the original townsite of Manhattan (the one in Kansas). When I was growing up in Manhattan, I spent a lot of time exploring by foot, bike, and car. I discovered the ruins of an old mill along Wildcat Creek, and decided (inaccurately) that it was the remains of the original site of Polistra. Accurate or not, I've always liked the name, with its echoes of Poland (an under-appreciated friend of freedom) and stars. ==== The title icon is explained here. ==== Switchover: This 2007 entry marks a sharp change in worldview from neocon to pure populist. ===== The long illustrated story of Polistra's Dream is a time-travel fable, attempting to answer the dangerous revision of New Deal history propagated by Amity Shlaes. The Dream has 8 episodes, linked in a chain from the first. This entry explains the Shlaes connection.